*ST泛海(000046) - 2021 Q1 - 季度财报

Financial Performance - Total revenue for the first quarter reached ¥6,210,485,514.07, an increase of 165.94% compared to ¥2,335,264,237.65 in the same period last year[7] - Net profit attributable to shareholders was -¥149,422,311.54, a decrease of 22.07% from -¥122,407,770.36 year-on-year[7] - Basic and diluted earnings per share were both -¥0.0288, reflecting a decrease of 22.03% compared to -¥0.0236 in the same quarter last year[7] - The company reported a net profit margin of approximately 1.7% based on the latest earnings figures[37] - Net profit for Q1 2021 was a loss of ¥20,375,839.04, compared to a loss of ¥138,537,452.08 in Q1 2020, showing an improvement in performance[45] - The company reported a total cost of operations of ¥5,142,338,934.34, up from ¥2,912,650,917.29 in the previous year, indicating a rise of about 76.5%[43] - The total comprehensive income for Q1 2021 was ¥57,130,119.08, a recovery from a loss of ¥142,961,494.80 in the previous year[45] Cash Flow - Net cash flow from operating activities improved to ¥3,451,455,865.97, a significant increase of 303.77% from -¥1,693,789,322.29 in the previous year[7] - Total cash inflow from operating activities reached ¥10,398,023,281.17, up from ¥5,222,267,808.97 year-on-year, indicating a growth of approximately 99.5%[49] - Cash outflow from operating activities was ¥6,946,567,415.20, slightly increased from ¥6,916,057,131.26 in the previous year[49] - The net cash flow from investing activities was ¥250,812,193.13, a decrease from ¥311,157,380.81 in the previous year[51] - Cash inflow from investment activities totaled ¥1,844,704,222.71, compared to ¥988,880,842.69 in the same period last year, marking an increase of approximately 86.5%[51] - Cash inflow from financing activities was ¥3,046,604,884.99, down from ¥7,994,449,768.56 year-on-year[51] - The net cash flow from financing activities was negative at -¥3,801,610,149.72, contrasting with a positive net flow of ¥1,073,461,374.44 in the previous year[51] - The total cash and cash equivalents at the end of the period stood at ¥17,423,649,308.07, compared to ¥14,678,724,423.16 at the end of the previous year[51] Assets and Liabilities - Total assets decreased by 3.61% to ¥174,464,482,716.95 from ¥180,990,832,219.94 at the end of the previous year[7] - Current liabilities decreased from CNY 113.62 billion to CNY 108.34 billion, a reduction of about 4%[36] - Non-current liabilities decreased from CNY 32.39 billion to CNY 31.09 billion, a decline of approximately 4%[36] - Total liabilities decreased from CNY 146.01 billion to CNY 139.43 billion, a reduction of about 4.5%[36] - Owner's equity increased slightly from CNY 34.98 billion to CNY 35.04 billion, an increase of approximately 0.2%[37] - Total current assets amounted to ¥127,507,801,874.71, a decrease from ¥134,700,447,765.58 as of December 31, 2020, representing a decline of approximately 5.3%[34] - The cash and cash equivalents decreased to ¥19,072,568,325.52 from ¥19,388,226,407.02, indicating a reduction of about 1.6%[34] Shareholder Information - The total number of shareholders at the end of the reporting period was 42,331, with the top ten shareholders holding 68.49% of the shares[11] - The largest shareholder, China Oceanwide Holdings Group, held 68.49% of the shares, amounting to 3,558,672,908 shares, with a significant portion pledged[11] - The company did not engage in any repurchase transactions during the reporting period[12] - The company plans to repurchase shares using between ¥300 million and ¥500 million, with a maximum repurchase price of ¥4.75 per share, for employee stock ownership plans or equity incentives[18] Investment and Financial Activities - The company provided guarantees for related debts amounting to ¥4,912,500,000, secured by 7 billion shares of its subsidiary Wuhan Central Business District Co., Ltd.[18] - The company’s securities investment in Beijing Automotive Blue Valley decreased in value by ¥16,609,617.41, with a current book value of ¥386,298,999.48[22] - The company’s investment in QY Technology saw a significant loss of ¥121,358,429.48, resulting in a book value of ¥63,365,100.91[22] - The company reported no derivative investments during the reporting period[25] - The company recognized right-of-use assets amounting to CNY 1.05 billion as of January 1, 2021, due to the new leasing standards[56] Operational Efficiency - The company is focusing on improving operational efficiency and reducing losses, as indicated by the narrowing of net losses compared to the previous year[45] - The company plans to focus on expanding its investment in real estate and financial services in the upcoming quarters[39]